with that said, I've been back testing ways to go long on crude....I still think we have more downside to crude in the next 3-6 weeks. Plan is to short $DWTI, 4 sells....100 shares each sell. total of abt 55-60k. it's a 3x ETN...even with borrowin...

^^^ still too much risk, when they get that low.
A stock like that can be too easily manipulated. a small chat room can move that stock 20-30% ( I've seen this stuff happen ) all it takes is a few million dollars. is it legal...prolly not, but I...

@ tn_rider I dont' touch stocks under $1-2. but you can make a killing on them. nice work!
sold 15 puts on $EPD today ...April 32.50's for $1.15
sold 15 puts $EPD April 30's for .$40
been selling a lot of weekly puts on $FB/$APPL/$BABA an...

now $GENE is @ 6.30+ ...cud have been an $8k gainer, haha. Never saw that coming.....I was thinking maybe $5.50
popped up on my scanner for abnormally high volume, and big gainer on the day...closing at or near the high of the day. they typical...

Quick google check shows boat loans at 3-4%....please don't pay cash for your boat. If you have problems managing money....then go ahead and pay cash, but if you have just a smidge of financial responsibility one of the worst things in this curren...

bought $GENE @ the close...4k shares @ 4.50 for a gap up tomorrow.
still selling weekly puts on $FB.....easy money. buying 2-3 weeks out in the 72-75 range...first buy 2-4 contracts and one more buy of double if the price moves against me.
...

u buying the ETN $OIL? I hate those for long term holds.....contango erodes those...not as bad as the 3x...but it's there. I think oil recovery is a long term process.
Nothing has changed in supply/demand for oil to spike...it's up on news ( ri...